Myanmar Oriental Bank Limited aims to promote the local people and businesses by creating new employment opportunities to grow the country’s manufacturing and investment opportunities for local small and medium enterprises.
In the JICA SME Two-Step Loan Scheme for the development of domestic small and medium enterprises, MOB Bank is providing loans aimed at improving the quality and quality of small and medium enterprises in line with the existing loan policy.
Type of Loan
Regular loan; Giving loan with Warranty Property.
Loans for easing mortgage conditions; Credit without collateral 100% or Credit Guarantee Insurance (CGI).
Loans for business activities with Japan Companies.
Depending on the type of loan applicant’s business, the Bank will allow a minimum of one-year loan period up to a maximum of (5) years depending on the type of loan applicant’s business.
Types of loan
JICA SME Two Step Loan (Secure)
JICA SME Two Step Loan (Unsecure)
5.50% – 10%
The Person applying for the SME Loan must be the 18 years old Organize company that operates the SME in accordance with the existing law. According to this, they must be licensed by the relevant line ministries. In addition, the Bank will provide priority screening for those with SME Member card.
The JICA SME Second Stage Loan Application Program aims to enhance the productivity and performance of small and medium enterprises as well as the initial operating capital that benefits capital investment. The Bank will select and prioritize services for equipment, warehouse and investments.
Those who are not allowed to apply for a loan;
SME member card holder Farmers.
Real Estate Companies.
Finance and Insurance Companies.
Bars and Restaurants Business.
Presentation Activities Business.
Arms and Jewelry Trading Companies.
Tasks that affect social stability.
Specific policies for not lending of domestic small and medium enterprises;
Workers in conflict with national laws
Bargain Shoppers with the intention of making a profit.
High Interest rate borrowers
Businesses that are not economically viable.
Bad personality people.
Myanmar Oriental Bank Limited will provide priority loans to those who meet the following types of loans for the JICA SME Two Step Loans.
A Business focused on business or payroll companies.
Ground and Building Factories Companies.
Gold Jewels and Gold products.
Automotive Parts and Accessories
Bank Accounts Balances
Treasury bills to get from the state.
Requirements for JICA SME Two Step Loan Application
If the person applying for a loan is a person as below;
Two copies of Business License
Two years, including two fiscal years closest to the balance sheet
Two copies of nearest fiscal year copy including Profit pay slip.
Photos of Business running and raw materials including corporate and office photos
Two copies of the relevant land lease and land title deeds
Two copies of 105, 106 of the history of the bank loan within one years
If you make a real estate loan, you have to show the latest property tax return
East West North South Photos courtesy of insurance building photos
Two news copies of the BCC residence.
SME Membership card
If the applicant is a corporate or company business;
Valid Company Registration and Import License
Resolution of Board of Directors
Organization Chart and History
Profit and Loss statement
Profit pay slip
Company Profile (if have)
If there is a company profile, shown the company’s foreign Currency Account and Myanmar Currency annuity statement for (1) year bank statement.